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@TheBadPlace@mastodon.ozioso.online · 1d ago
Sweden Herald - Latest Sweden News | Peab shares fall more than 10 percent after interim report by Sweden Herald AI generated summary, Read the full article for complete information. Peab’s shares slid more than 10 % on the Stockholm Stock Exchange minutes after the company issued its first‑quarter interim report, which revealed a pre‑tax loss and a surprisingly weak order intake that fell to SEK 15.6 billion – down from SEK 16.6 billion in the same quarter a year earlier and far below analysts’ expectations of a rise to SEK 18 billion. Read more: https://swedenherald.com/article/peab-shares-fall-more-than-10-percent-after-interim-report #Peab #StockExchange #businessnews
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@TheBadPlace@mastodon.ozioso.online · 3d ago
Sweden Herald - Latest Sweden News | Atlas Copco worse than expected in first-quarter results as stock falls by Sweden Herald AI generated summary, Read the full article for complete information. Atlas Copco, one of the largest firms listed on the Stockholm Stock Exchange, announced a sharper‑than‑expected decline in first‑quarter results, with adjusted operating profit dropping to 8.3 billion SEK from 8.6 billion a year earlier and missing Bloomberg’s 8.5 billion SEK forecast. Revenue fell 5 % and order intake slipped 3 %, prompting its shares to lose about 2.5 % on the market. CEO Vagner Rego warned that the geopolitical climate is “worrying” and has made customers hesitant, although demand for vacuum equipment remained strong during the quarter; he added that the broader financial impact of the uncertainties remains difficult to predict. Read more: https://swedenherald.com/article/atlas-copco-worse-than-expected-stock-falls #AtlasCopco #Stockholm #StockExchange #VagnerRego #businessnews
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